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Posted on 14/08/2018

Dubai eyes Dh110B India trade

“Our representative office in Mumbai, which was opened earlier this month, is focusing on identifying new business opportunities in the Indian market for Chamber members, attracting Indian companies t…
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Posted on 14/08/2018

DGCX and DIEDC Partner to Strengthen Dubai’s Islamic Finance Economy

The Dubai Gold and Commodities Exchange (DGCX) and the Dubai Islamic Economy Development Centre (DIEDC) today signed a Memorandum of Understanding (MoU), agreeing to share knowledge, promote Shari’ah …
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Posted on 14/08/2018

Dubai Chamber waives late membership fees

Dubai Chamber of Commerce and Industry (DCCI) has announced it will waive late membership fees in an effort to reduce the cost of doing business in the emirate. The measure is the latest taken by a go…
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Posted on 14/08/2018

DAMAC Properties ‘holds its nerve’ amid Dubai real estate slump: CFO

DUBAI (Reuters) – Dubai’s DAMAC Properties DAMAC.DU, owner and operator of the only Trump-branded golf club in the Middle East, is confident of its financial position despite registering its worst qua…
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Posted on 14/08/2018

Damac CFO says company ‘holding its nerve’ amid Dubai real estate slump

Dubai’s Damac Properties , owner and operator of the only Trump-branded golf club in the Middle East, is confident of its financial position despite registering its worst quarter in terms of booked sa…
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Posted on 14/08/2018

‘Doing Business in the UAE Guide’ launched in London

The second edition of ‘Doing Business in the UAE Guide,’ a handbook covering basic information about the country and how to start your business in the area, was recently launched in London, UK. The bo…
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Posted on 14/08/2018

How Businesses operates in UAE

Process for Operating Business in UAE Starting a business in the UAE should not take you more than a week once you’ve sorted all your legal procedures, but before you start your legal formalities, you …
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Posted on 14/08/2018

UAE court adjourns bounced cheque case against Abraaj founder

This comes as Dubai-based Abraaj’s provisional liquidators seek to sell its investment management business. The criminal case in the emirate of Sharjah relates to a cheque for Dhs798m ($217.3m), signe…
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Posted on 14/08/2018

How do I start an E-commerce company in Dubai?

While to start an E-Commerce business in UAE and especially in Dubai, you are required to own an e-commerce portal license or a specific trading license from a free zone or from the mainland, whatever …
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Posted on 14/08/2018

Kazakhstan trade mission in Dubai

The event will take place tomorrow (August 14), at JW Marriott Marquis Dubai, Business Bay. From Kazakhstan’s side, large commodity producers of processed products will arrive to Dubai from following …
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Posted on 14/08/2018

UAE, Kuwait set to return to fiscal surpluses

The UAE and Kuwait are set to return to fiscal surpluses in 2018 … The reforms of the type outlined would further support improvements in the business environment, giving some boost to non-oil growt…
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Posted on 14/08/2018

Solar retrofit sweeps across Dubai, Hatta

RELATED ARTICLES: Saudi and UAE boost solar energy investments | Deloitte: ‘Lessons in Europe for Saudi’s $200bn solar park’ | Saudi’s Zahid Group acquires stake in German solar PV firm Greencells | C…
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Posted on 14/08/2018

Abu Dhabi Investment Authority just raised its bets on a few Indian stocks

Among the largecaps, ADIA raised its stake in Axis Bank to 1.19 per cent at the end of June quarter. The Abu Dhabi Investment Authority, or ADIA, was busy shopping on Dalal Street in a choppy market a…
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Posted on 14/08/2018

Dubai’s Drake and Scull replaces CEO, blames ‘rumours’ for share price drop

The Dubai-listed company, which is seeking to restructure about Dhs1bn of debt, has seen a major management reshuffle in recent years. Feghali, who was previously managing the international business u…
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Posted on 14/08/2018

What kind of financial firms are in Dubai (hedge funds, private equity, investment banking)?

5 ways to build wealth outside the stock market. If you want to become less dependent on stock-based investments, consider the following strategies. There are private equity funds such as Abraaj Capit…
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Posted on 14/08/2018

4,096 new speed limit signs go up in Abu Dhabi

The Abu Dhabi City Municipality has completed replacing 4,096 speed control panels in Abu Dhabi roads in a record time. ADM has carried out the project with the support of Abu Dhabi Police. The projec…
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Posted on 13/08/2018

Report: Dubai ‘Most Innovative City’ in Middle East

Dubai’s march towards becoming the world’s first smartest city … government services to create even better experiences in the city, so that all residents, business owners, city leaders and tourists …
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